Financed mine at 3.9%. Put something like $10k down. My S2000 is paid off and have been thinking to sell it for the extra cash. Personally, with this economy (and a mortgage) I would rather have the safety net. I have the $ in the bank to pay off the z now easily but it takes a while to build up a savings. I would probably blow that extra cash each month on alcohol and loose women anyway :tup:

I decided instead of tying up more money in the car I would put half ($18K) down and financed the other half at 0.9% the dealer was offering. Payments are under $300/mo and I can earn more than 1% on the cash I have. Sometimes it doesn't pay to pay cash.

Final purchase price was 32K. I put 15K down and financed the rest at 3.75% for 48 months with my credit union. I will be paying off the loan in hopefully no more than two years and most likely less than that. I calculated it and it will cost me about 1.5K or a little more extra by financing in this time, but it's worth it for me to buy the car and enjoy now while I'm young (23) and without kids.

I am right out of college and I've only been working about a year. I don't have any debt and no student loans. My only credit really has been my credit card with a 1K limit, so while my credit score is very good, I really don't have any breadth or credit history to speak of. I decided it would be good to have this payment on my credit history for when I'm interested in houses. All in all I'm happy with the way things went down.

I put nothing down and I pay 620 a month. I have the money but who knows what happens with this economy. If I see all going well I'll just pay the car off considering the payments are no problem for me and they are taken out auto every bi weekly (it's a payment option they take half the car payment every 2 weeks. Save some money and pays car off almost 6 months faster)

I paid cash. No payments for me.

almost literally same story here.

Same for me, don't owe a cent. It was my retirement gift to myself, dang wife wouldn't buy it for me geeez. :happydance:

FTFY :icon18:

That's absolutely ridiculous that you guys can't get a loan with several years history and a great 800+ credit score. Unbelievable.

After the market crash getting a loan was very difficult from big banks. Credit unions were the best bet for a quick low interest loan, but you must be a member and some require you be a member for X months before any loan can be filed.

Did you give her the standard three options and let HER choose?

1. A sports car
2. A motorcycle
3. A mistress

:D

I might be the only one who fully financed my car, came out to 36k plus dealer taxes and fees, put around 500 down (only because I had too, dealer said) and the rest is financed for 72 months, @ 2.99 which was the lowest rate they could find any bank offering. Guess ill really "own" my Z when im around 27 :icon17:

I put $1,500 down, and got ~15% APR on a ~$33,000 loan, so the total loan amount would've been close to $50,000. Thankfully, CarMax gives you that 3 day shopping window and I was able to get 6% for 60 months :D

I'm 25 put $12k down, financed around $24k @ 3.7%. However i pay 500-700$ month to pay it off early :P

I'm 40 and have no payments on my Z.